Ralph bogita saves 8500 at the end of each month and
Ralph Bogita saves $85.00 at the end of each month and deposits the money in an account, paying 2.5% compounded semi-annually.
a) How much will he accumulate in 24 years?
b) How much of the accumulated amount is interest?
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leanne simon made ordinary annuity payments of 9600 per month for twenty-two years earning 102 compounded monthly how
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ralph bogita saves 8500 at the end of each month and deposits the money in an account paying 25 compounded
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